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Occupy Underground

Chan790

(20,176 posts)

2. You mean like the Volcker Rule that would have prevented this flawed hedging strategy?

Reply to limpyhobbler (Reply #1)

Sat May 12, 2012, 11:14 AM

May 2012

Why on Earth would he do that? He's an insincere lout.

The only thing he understands is pitchforks and torches and fear of not being allowed to keep his cushy job or mansion. I doubt the idiot's even afraid of zebra-stripes and iron-bars because he doesn't think it can happen to him.

As someone pointed out yesterday, he didn't even know that JP M-C still used fax machines. I wonder how many other things the out-of-touch banktwit doesn't know.

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Highlight:

JP Morgan's Dimon: 'I understand the frustration' [View all] ellisonz May 2012 OP

If he understands it then he ought to be backing policies to help address it. limpyhobbler May 2012 #1

You mean like the Volcker Rule that would have prevented this flawed hedging strategy? Chan790 May 2012 #2

I guess so. And/Or reinstate the Glass-Steagall Act. limpyhobbler May 2012 #5

That's pretty easy to say when you have $200M in the bank ... TBF May 2012 #3

And as subordinates take the fall, shareholders vote to keep Dimon pinboy3niner May 2012 #4

"Being a one-percenter means never having to say you're accountable..." ellisonz May 2012 #7

I joined a credit union this week. ellisonz May 2012 #6